EURAUD: Expecting a bounce down from channel boundary
Expecting strength from the Aussie this week, even though the RBA hiked, I think the Aussie was negatively affected by the fall in commodities rates in the past week.
I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too.
Tuesday EUR GDP data - could be indicating recession...
Expecting a fall.
I see no strength in the Euro and I think Friday's candle suggests that this pair may not break back into my ascending channel, this could form a double top too.
Tuesday EUR GDP data - could be indicating recession...
Expecting a fall.
Note
So far so goodTrade closed manually
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.